The G7 Summit, which just concluded at the French seaside resort of Biarritz, showed that Europe and the United States diverge with and even increasingly confront each other on trade issues. Considering its fading influence, the continued value of the G7 has been thrown into doubt, even by European academia.

Many countries, not just the United States, are disadvantaged by China’s unfair trade practices. Rather than confront the challenge alone, the United States should work to address the problem as a team sport. Doing so would be more effective and less costly than hoping U.S.-China tit-for-tat tariffs do not do significant harm to American workers, but do lead to a change in China’s economic policies.

Behind all the hype surrounding China’s changing global role in general, and the One Belt One Road concept and the BRI in particular, lie important and unanswered questions about America’s longer-term strategy for reshaping its relations with China and Asia more broadly.

After two decades of on-and-off talks, Washington and Brussels hope to conclude their trade and investment partnership. However, it is not a marriage, but a triangle drama. Emerging Asia is the third party.